Hello everyone, Roy Czach here from fabulous Elgin, IL So excited to become part of this amazing community.I was born and raised in Chicago, following my father and older brothers footsteps into the families automotiv...

Good morning to all.Im a newbe and Im struggling to make a decision over 3 Rental deals that I have on sight at the moment. The issue is the result on the rates Im getting for the first year of cash flow.Two of the 3 ...

I have a rental property in Colorado and have created a Colorado LLC to hold it. However, I bought the property under my own name and have a small mortgage under my name. The mortgage company won't let me tranfer itl...

Hi-As a first time poster, I would first just like to give a huge thank you to the Biggerpockets community. I came across Biggerpockets a few months ago and as I begin to get into managing multi-family properties I ca...

This was a convo my family had around the dinner table last night as some are leasing and some are buying their car. I was wondering what the BP community thought about leasing a car. Lets make the assumption that you...

One of my Real Estate agents showed me an REO today. I checked the comps in the neighborhood within a half mile since January and they average $405,000. The bank is asking $371,500. They have it listed "as-is" but the...

Here is the standard answer to all legal and tax questions: it depends. In this case, it really does. We have to start by answering 3 critical questions:
What kind of real estate business?Did it actually start in 202...

Hi all, (sorry I just posted this in the pro area before realizing this is a more appropriate spot)My neighbor and I are planning on having a driveway poured on what is a shared driveway between our houses in Grand Ra...